CE highlights cultivating, consolidating markets

Chief Executive John Lee said Hong Kong will continue to explore new markets and consolidate existing ones, such as the United States and Europe.

In an interview with the South China Morning Post, Lee looked back at his work in the past four years and outlined his strategy to advance Hong Kong's development and interests amid heightened geopolitical tensions.

He highlighted the need for Hong Kong to look for new markets, citing his visit to the Middle East last year and a recent trip to Central Asia.

"Building Hong Kong stronger, if we look at building the economy, then you have to look at more opportunities, new opportunities elsewhere," he said.

Lee also spoke about efforts to consolidate ties with other markets.

"All these new markets... are not exclusive of each other. We just want to build more markets.

"We consolidate the traditional markets – Europe, even the US – we consolidate them, but there's only a degree of thing you can do consolidating, but we'll keep consolidating.

"While consolidating, I strengthen the connection, so that will be a win-win thing."

The chief executive also said Hong Kong will not "give up" any markets, including the US.

"The US remains an important market for our business. If you look at the business sentiment, it's growing and growing more positive about Hong Kong," Lee said.

"In fact, the US has a trade surplus with us. There is every reason for the US to build up trade ties, and I am positive on this side and I'm pushing for it."

The CE said security and stability make Hong Kong a safe haven for international businesses and investors.

Edited by Edmond Fong ...